Egypt increases stamp duty on mobile users starting July

Mobile phone users have received a message stating a 16-piaster increase in stamp duty starting July, to reach 67 piasters per month.

Sources from mobile companies said the tax increase is to be borne by the subscriber in accordance with the law, and will be collected and supplied to the state through the mobile network companies.

Unlike prepaid customers, the tax, valued at EGP 8 in total, will be paid by monthly billing customers once a year.